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Quild #30: Subskribe

Adaptive quoting and billing

This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.

Subskribe is the adaptive quoting and billing platform for modern SaaS companies. Totally unified. No silos. Zero reconciliation, from quote to revenue. Designed in collaboration with some of the world’s leading SaaS companies, Subskribe helps businesses maximize revenue with innovative deal structures like ramp-up engagements, mid-term upsells and flexible discounts.

Signals:

  1. Repeat founder

    1. Durga founded 12 Labs which was funded by Marc Benioff

  2. Top company alumni

    1. Yibin worked as an engineer at Oracle, AWS, Netflix, Zuora and Instacart for 13 years

    2. Prakash worked as an engineer at IBM, Cognizant and Okta for 13 years

    3. Durga built products Palo Alto Networks, Salesforce, Google, and Zuora for 5 yeas

  3. Top university alumni

    1. Yibin graduated with a BS in Electrical and Computer Engineering from University of Toronto

    2. Durga graduated with an MS in Media Arts & Sciences from MIT

  4. Fast team growth

    1. Grew 5x YoY to 16 employees

    2. And still hiring

  5. Accelerated financing

    1. Founded and seed funded in 2020

  6. Midas list investors

    1. 8VC led series A

    2. Slow Ventures led seed

Till tomorrow, Kenn